Friday, December 21, 2007

Stores or Consumers who will Win on Black Saturday?

It looks like there is no real "must have gift" this holiday season and it will be interesting to see what people will be buying in this last push. Activision and Nintendo however may have a big weekend. I think giftcards may be the most important thing this holiday season as people just give up and buy them instead of any one gift. The gift card line at Ala Moana stretched out the door during the other day.

Traffic to U.S. stores for the week ended December 15 fell 8.9 percent
compared with last year, according to ShopperTrak.


NPD's Cohen said some of the decline was due to indecision.

Besides popular electronics like Nintendo Co Ltd's (Osaka:7974.OS - News) Wii game console and Activision Inc's (NasdaqGS:ATVI - News), Guitar Hero
video game, he said shoppers are unsure of what buy.


"They're walking around like lost puppies," he said.

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